$275,000
For sale: Other

Are you looking to own a long-established, family-friendly Italian eatery in a prime AAA location? Here is your opportunity to acquire a well-known, non-franchise business at the highly desirable Hurontario & Matheson Blvd corridor. Surrounded by major corporate offices, small warehouses, hotels, government offices, and professional firms including CRA, law offices, TZX and Oracle, this location enjoys excellent exposure, steady foot traffic, and strong catering revenues. This successful and proven business offers a diverse menu featuring authentic Italian cuisine including pizza, pasta, panini, and popular signature dishes such as homemade lasagna, panzerotti, veal sandwiches, and rich pomodoro sauce pasta. The restaurant has built a loyal customer base over the years, with repeat clientele from nearby offices and businesses. Customers benefit from flexible dining options, with dedicated menus for dine-in as well as catering for private parties, corporate events, and special occasions. The premises offer approximately 2,374 sq. ft. of well-utilized space, including a comfortable dine-in area with seating for 50 guests, along with an additional 25-seat summer patio, all enhanced by LLBO licensing. The fully equipped commercial kitchen is designed for efficiency and high-volume production, featuring a 12 ft hood, 2 oven hoods, 2 walk-in freezers, and 2 washrooms. With multiple revenue streams from dine-in, takeout, and catering, this turnkey operation is ideal for owner-operators or investors seeking a stable and scalable business. Excellent opportunity with immediate income potential in a high-demand commercial hub.
Sold data
Homes in Mississauga (Hurontario) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 46, across 1,403 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $874,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 1,403 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (Hurontario) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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